At this time, Cheung Kong in Lijiacheng had not yet purchased the Chinese Bank, and naturally the headquarters of Cheung Kong was no longer in the Chinese Bank.
In his own office in Cheung Shi Building today, Li Jiacheng is processing the documents in his hand.
Everyone knows that the future richest man in Hong Kong made his fortune from plastic flowers, but in fact, in 1958, Li Jiacheng had already used the profits from plastic flowers to get involved in the real estate industry.
At that time, Li Jiacheng took the one million he earned from the plastic flower business and built a 12-story industrial building in the north corner of Xiangjiang. As a result, the building had not yet topped out, and tenants were already asking for rent!
Then in 1960, Li Jiacheng asked for help again and built a second industrial building in Chai Wan. Just like last time, before the roof was capped, tenants came to ask for rent again!
However, both buildings were experimental. At that time, Lijiacheng's main business was still plastics.
Mr. Li knew that funds were hard to come by and did not dare to flex his muscles rashly. He mainly used his own funds to build his house and borrowed money from banks for the shortfall.
At that time, real estate developers followed Huo Tsar's example of selling off-the-plan properties. Li knew that this was a shortcut to doing big business, but he believed that this was still risky.
At that time, there were also a number of professional "margin companies" who relied on bank mortgages to speculate in off-the-plan properties. Mr. Li believed that such behavior was too risky - it was not the right way to do business.
At that time, Li Jiacheng's style seemed a bit too conservative, so in the first few years of his career, he did not make much progress in the real estate industry.
The real estate industry is booming, and real estate developers and bankers have joined forces to push the increasingly prosperous real estate industry into madness.
As a result, the bank run wave in early 1965 caused many banks to either fail, be merged, or survive. A domino effect affected all industries in Hong Kong. The real estate industry, which was favored by the banks, bore the brunt and fell into the first serious crisis after the war.
.
At this time, Li Jiacheng's advantage came to light. He did not rely too much on the bank, so he suffered little damage.
At that time, Li Jiacheng said: "Seek development while maintaining stability, and never forget stability while developing. I regard this as my purpose."
In 1967, under the influence of an unspeakable event in his hometown, Xiangjiang rebelled against the British and rebelled against violence, which later evolved into fighting violence with violence. The situation in Xiangjiang was turbulent, and wealthy people fled one after another, eager to sell their properties.
Real estate in Xiangjiang is expensive but not marketable, and many extremely cheap properties are uninterested.
Those with foresight took advantage of the low prices to acquire land properties. Real estate developers that would become popular in the future would all "take advantage" of this God-given opportunity, and Lijiacheng was naturally one of them.
In 1968, the situation stabilized, real estate recovered, and later developed at an extraordinary speed.
The "bargain goods" in Li Jiacheng's hands suddenly became worth a hundred times, rising day by day. In the early 1970s, real estate reached another climax.
Lee's has begun to take shape. In 1958, it owned a building area of 120,000 square feet, reaching 350,000 square feet in 1968.
In 1971, Li Jiacheng established Changjiang Real Estate Co., Ltd., which meant that Li would withdraw from the plastic industry and specialize in real estate.
In 1972, when the stock market was booming, Cheung Kong Holdings (Group) Co., Ltd. went public. The authorized share capital was HK$200 million and the paid-in capital was HK$84 million, divided into 42 million shares, with a face value of HK$2 per share and a premium of HK$1. 25 years after listing.
Hours later, the stock more than doubled.
With his keen eyesight, Li Jiacheng had already seen the crisis in the Xiangjiang stock market before the stock market crash. Therefore, during that period, Cheung Kong sold new shares crazily. When the stock market crash hit, although Cheung Kong's stock price also took a hit,
But Cheung Kong itself holds huge amounts of cash.
Li Jiacheng used the funds to buy the shares of Changshi at the bottom and increase his controlling stake. At the same time, he also set his sights on the now cheap land.
At this time, Li Jiacheng’s eyes were on the Chinese Bank in Central!
The Chinese Bank is located in Queen's Road Central, Central. It was built in 1924 and now belongs to the Chinese estates of Li Guanchun and Feng Pingshan's family.
Li Jiacheng understands that if he wants his Cheung Kong to become the top real estate company in Xiangjiang, he must let the citizens of Xiangjiang know and be familiar with Cheung Kong!
And Chinese Travel is the best choice.
In addition, at this time, Li Jiacheng not only set his sights on acquiring the Central Chinese Bank, which has a long history in Hong Kong, but Li Jiacheng was also actively negotiating with the Canadian Imperial Bank of Commerce.
The Canadian Imperial Bank of Commerce wants to enter the Xiangjiang market, and Li Jiacheng's current development also needs the support of the bank. It can be said that both parties get what they need, but the negotiation process will definitely be very long.
But Li Jiacheng doesn't care about this time. As long as he can get the support of the Canadian Imperial Bank of Commerce, this will be a very successful thing for Li Jiacheng.
Just when Li Jiacheng was thinking about this matter, his secretary knocked on the door and walked in, holding a copy of today's "True News" evening paper in his hand!
As the sales of "Zhen Bao"'s morning paper gradually increased in Xiangjiang, Gu Chengxi has set his sights on the issuance of the evening paper!
"Oh, today's newspaper has arrived!" Li Jiacheng saw the newspaper in the secretary's hand, took off his glasses, and smiled as usual.
But at this time, Li Jiacheng's secretary couldn't laugh anymore, and excitedly said to Li Jiacheng: "Chairman, something big has happened!"
Li Jiacheng was stunned for a moment. His secretary knew that even if he was transferred to other small companies, he could become a high-level presence. Now he looked excited. This made Li Jiacheng a little suspicious. What happened?
Things can shock the other person so much.
"What's going on?" Li Jiacheng asked in a deep voice.
...
Like Li Jiacheng, another big tycoon among Xiangjiang real estate developers at this time, Zheng Yutong, who was known as Shark Tong by Hong Kong people, had not yet completed his New World Center. Therefore, the current headquarters of New World Real Estate is located in Pak Wo, Causeway Bay.
Heung Kong Building is located in the golden triangle of Paterson Street and George Street, Kende Street.
This building was originally a New World Real Estate project.
It was also because of the incident in 1968. At that time, people in Hong Kong were selling real estate crazily, but they were also buying gold and jewelry crazily.
This made Zheng Yutong, who was running Chow Tai Fook at the time, very rich. Then Zheng Yutong made the same choice as Li Jiacheng, taking advantage of the cold winter period in Xiangjiang real estate to purchase large quantities of high-quality land.
It is precisely because of his behavior that Hong Kong people nicknamed him "Shark Dantong".
It can be seen that whether it is Sha Dantong or Li Jiacheng, their starting point for development in the real estate industry is almost the same. The only difference may be that Sha Dantong's father-in-law is richer than Li Jiacheng's father-in-law!
Both of them were able to make a fortune, and both started by finding a wife who was richer than themselves...
At this time, Shardantong, like Li Jiacheng, also shifted his focus from the jewelry industry to the real estate industry.
In 1970, Zheng Yutong purchased the former site of the "Blue Chimney" in Tsim Sha Tsui, Kowloon, from Swire Pacific for an astonishingly high price of HK$137 million.
Blue Chimney is a shipping company in Taizhan, and the site is just a dilapidated wharf and factory buildings.
Zheng successively built New World Center, Regent Hotel, New World Hotel, tens of thousands of square feet of large shopping malls, and thousands of commercial units on this site.
There are still many construction sites here at this time.
In 1985, Zheng Yutong even announced excitedly: New World Hotel's average occupancy rate reached 94%, with a turnover of HK$147 million; Regent Hotel's occupancy rate was 90%, with a turnover of HK$347 million.
In addition, the annual rental income from commercial units exceeds HK$100 million.
Regardless of these, the value of this piece of land alone has increased more than 10 times in 10 years!
In the same year that he purchased the Blue Chimney site, Zheng Yutong invited friends He Shanheng, He Tian, Guo Desheng, Yang Zhiyun and others to jointly establish New World Development Co., Ltd.
Zheng serves as the chairman of the board of directors.
In 1972, the stock market was experiencing the best bull market since the opening of the port. Zheng's "borrowed cattle" went public and raised HK$160 million.
At this time, New World's real estate projects were mostly rent-collecting projects for commercial buildings. The result was that even if the Hong Kong stock market crash hit and New World's stock price suffered, New World itself did not have much of a problem.
Like Li Jiacheng, Zheng Yutong was also a workaholic at this time. Even when it was time to get off work, he still did not leave the company.
Back in 1968, when land prices in Xiangjiang were at their lowest, Zheng Yutong bought it at the bottom and made huge profits. Now Zheng Yutong also doesn't want to miss this opportunity.
During the break, Zheng Yutong poured herself a cup of coffee and thought about the current affairs in Xiangjiang.
At this time, he was a little envious of his old friend Guo Desheng.
If anyone in the entire Xiangjiang business community has benefited from this stock market crash that is immediately obvious and even enviable, it is none other than Chu Huan.
With less than 100 million in cash, he acquired Jiahu Textile with an asset value of 700 million. This kind of acquisition is like a snake swallowing a whale, and no businessman would not envy it.
However, there was no intersection between herself and Chu Huan, and she forgot about her envy after that. What really made Zheng Yutong envious of Guo Desheng was that Zheng Yutong had already learned from Guo Desheng that Chu Huan had already sold the money to him at the price of the existing asset value.
5% of Huhua Real Estate's shares were sold to Guo Desheng.
Although Huhua Real Estate currently holds a small amount of land, it depends on whose hands this company is.
Zheng Yutong analyzed Chu Huan's situation, the factory land of Jiahu Textile in Tsuen Wan, the Jiahu Building in Central, and the cinemas of the Shanhai Cinema chain in various areas of Hong Kong.
These lands may be converted into real estate projects by Chu Huan in the future. If calculated this way, the land reserves in Chu Huan's hands are already comparable to those of listed real estate companies.
As long as these lands are developed in the future, the valuation of Huhua Real Estate will definitely double.
As one of the shareholders of Huhua Real Estate, it goes without saying that Guo Desheng’s income is worth mentioning. Guo Desheng can even use this relationship to involve Sun Hung Kai Properties in these land development projects.
Just thinking about it makes people envious!
"Maybe it's time to meet this rising star in Xiangjiang!"
Zheng Yutong couldn't help but preach.
Just when Zheng Yutong had such an idea, his secretary, like Li Jiacheng's secretary, walked into Zheng Yutong's office with a shocked look on his face, also holding a copy of the "True News" evening paper in his hand!
"Boss, something big happened!"
...
"Something really happened!"
In Gu Chengxi's office at the headquarters of "True News", Gu Chengxi, who already knew the truth of the matter, still couldn't believe that this matter was reported by his own "True News"!
In Gu Chengxi's hand, he also held a copy of the "Zhenbao" evening newspaper that was just released today!
The front page headline above said clearly.
"Since the opening of Xiangjiang as a port, Chinatown, the largest real estate project of the Chinese-funded consortium, has been officially established!
According to the exact information obtained by this newspaper, Tianhai Real Estate, jointly established by Heung Kong Huhua Real Estate Company and Hong Kong Sun Hung Kai Real Estate Company, has reached a cooperation intention with the Hong Kong government and will participate in the reclamation and mountain removal project of the new town. Tianhai Real Estate invested 2000
HK$10,000 to purchase 8 million square feet of land reclamation land in Sha Tin New Town. This project will officially start in August this year and is expected to be completed in February next year.
After completion, Tianhai Real Estate will return 4 million square feet of land to the Hong Kong government for the construction of public housing and infrastructure. The other 4 million square feet will be acquired by Fantasy Comics, of which 1 million square feet will be used to build two buildings with a capacity of 10,000 each.
The workers' large factory and another 3 million square feet will be independently developed and constructed by Tianhai Real Estate in Chinatown.
It is reported that a total of 1 billion Hong Kong dollars has been invested in Chinatown. The entire project includes 70 residential buildings, with a total of 10,000 residential units, which can accommodate approximately 68,000 people.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! In order to cooperate with the overall development, Chinatown will build 4 independent multi-purpose shopping malls in the heart of the city based on the early large-scale housing estates such as Mei Foo Sun Chuen.
, which are the 6-storey First City Center, Fuye Mall, Jiaan Mall, and Gongle Mall.
At the same time, banks, restaurants, grocery stores, butcher shops, bakeries, pharmacies, clinics, tailor shops, laundries, etc. will be introduced into the city to supply residents' daily needs.
In addition, there are 7 kindergartens, 3 private middle schools and 4 primary and secondary schools in the estate, as well as various entertainment facilities such as theaters and bowling alleys.
The entire plan will be divided into five phases and ten phases. Construction is expected to start in May next year and be officially completed in 2079..."
This is the front page headline of today's "Zhenbao" evening newspaper!
At noon, Gu Chengxi received a call from Chu Huan and learned about the incident. At that time, Gu Chengxi fell into huge self-doubt.
This kind of thing that could shake the entire Xiangjiang River to its core was actually led by Chu Huan.
The most important thing is that before this, no news about this matter had leaked out!
She doesn't know how Chu Huan completed this project, but she knows Chu Huan's net worth!
"Zhen Bao" published an exclusive interview with Chu Huan before, in which Gu Chengxi also calculated Chu Huan's net worth!
A net worth of more than 900 million!
Now Chu Huan actually presided over the development of a super city-within-a-city plan with a billion-dollar project?
How could Gu Chengxi not be surprised by such a situation!
At this time, she really wanted to find Chu Huan in person and ask him face to face how he managed such a large project!
Obviously, Gu Chengxi also understood that Chu Huan definitely had no time to talk to him at this time!
"Don't you know what kind of sensation this report will cause in Hong Kong once it is released?"
Gu Chengxi looked at the "True Report" in his hand and didn't know what to say for a moment.
sensation!
Naturally, it caused a huge sensation!
Hang Lung Properties, inside Chen Zengxi’s office!
Chen Zengxi held the "True Report" that he had taken from his secretary, and stood there, reading the contents one by one.
Chen Qizong was standing behind Chen Zengxi. At this time, Chen Qizong clenched his hands, his veins were protruding, and his eyes were wide open, as if anger could burst out of his eyes at any time.
Just now, his father was telling him that Chu Huan's weak spot was Huhua Real Estate.
As a result, Chu Huan turned around and hit a king bomb.
Chen Zengxi was so shocked that after reading this report, he slumped down in his chair.
He was breathing heavily and couldn't speak for a long time.
"Chu Huan is simply looking for death!"
Chen Qizong suddenly found a reason for himself, and then spoke angrily.
Chen Zengxi did not answer him, and did not even raise his head to look at Chen Qizong.
Chen Qizong didn't notice his father's condition, and the words he just said seemed to have given him a huge psychological hint.
"This Chu Huan has launched such a big project all at once. How can his Huhua Real Estate have this ability? Moreover, this is a large-scale project worth one billion Hong Kong dollars, a super city within a city that can accommodate tens of thousands of people. What will happen then?"
There could be so many people taking over!”
"The reason why Mei Foo Sun Village is successful is because of their geographical location. Now New Town is obviously a newly developed area. Who would go there to buy a house when they have nothing to do?
When the time comes, Chu Huan will definitely lose all his money!"
In fact, Chen Zengxi just told him that if he wanted to deal with Chu Huan, he should let Chu Huan invest more funds in real estate projects. Now this project has appeared!
"You idiot!" Chen Zengxi finally couldn't help but reprimanded his son. At this time, he was completely opposite to himself just now!
"Can you put your jealousy towards Chu Huan out of your mind and think about this problem normally? Are your eyes only focused on the super city within a city?
Didn’t you see any news in the newspaper about two factories with a workforce of 20,000 people?
The workers in those two factories will be the absolute main buyers of Chu Huan’s China Town in the future. At that time, the various shops in China Town will be where their families work. This China Town will become the place where Chu Huan walks into
A stepping stone for top people in Hong Kong!”
At this point, Chen Zengxi changed his previous analysis of Chu Huan and said seriously and solemnly: "From now on, remember that from now on, you are not allowed to go together with that trash Michael Keswick or do anything.
That kind of despicable behavior, all behaviors, are only allowed to compete within the scope of business, understand!"
Chen Qizong looked at his father in disbelief. He didn't expect Chen Zengxi's attitude to change so quickly.
"Daddy, even if Chu Huan takes over this China City, we won't have to worry about him!"
He still couldn't let go of his jealousy towards Chu Huan!
But Chen Zengxi was too lazy to tell him these things at this time. Instead, he said something to Chen Qizong that Chen Qizong could not accept.
"Don't go anywhere tonight. Wait for my notification. We must find Chu Huan as soon as possible and seek cooperation with him!"
As mentioned before, the share price of Chen Zengxi's Hang Lung Real Estate has fallen sharply, and the company's funds have been unable to be withdrawn. Now, with media reports, the news of Chu Huan's super Chinatown has become public.
It will definitely cause a sensation in Hong Kong immediately. Sun Hung Kai Properties' Kuo Desheng saw the wealth contained in it and knew that it would increase his company's stock price.
And Chen Zengxi can also see it.
At this time, Chen Zengxi's eyes turned green with envy when he saw that those real estate companies that were listed in the same year as him were using the cash from selling new shares during the bull market to buy land in various districts of Hong Kong.
But what makes people scratch their heads is that at this time, Hang Lung Real Estate really cannot come up with funds to compete with these real estate companies for land!
At this time, Chu Huan, whom Chen Zengxi wanted to help his son deal with, suddenly announced such a bombshell news, which gave Chen Zengxi hope.
This chapter is not over yet, please click on the next page to continue reading! If Hang Lung Real Estate can join this plan at this time, it will definitely be a huge stimulating news for the current stock price of Hang Lung Real Estate.
In this case, Chen Zengxi can use part of the funds to compete with real estate companies in Xiangjiang for land!
so!
He must get on Chu Huan's big ship!
Not only Chen Zengxi had this idea, but Li Jiacheng who had just read the newspaper also had this idea.
"Is this Chu Huan really only 20 years old?"
Li Jiacheng held the "True Report" tightly in his hand and asked in an incredible tone.
What is the value of Cheung Kong's assets now? It's only HKD 5.6 billion, right?
This already made Li Jiacheng very satisfied, but when he saw the news about Chinatown in the newspaper, he realized that people in this world are really different.
What were you doing when you were 20 years old?
Li Jiacheng thought about it. When he was 20 years old, he had just been promoted to the general manager of the plastic flower factory.
He doesn’t even have his own industry!
And now, 20-year-old Chu Huan has begun to lead a super project worth 1 billion Hong Kong dollars!
Li Jiacheng did not continue to sigh like this for too long, but immediately dialed Guo Desheng's phone number.
He and Chen Zengxi had the same idea, no matter what, they must find a way to join this plan.
But he didn't have any friendship with Chu Huan, they only met once at a banquet, so he needed to find a middleman, and this middleman was his senior in the real estate industry, Guo Desheng!
But when Li Jiacheng dialed Guo Desheng's number, all he heard was a busy sound. Li Jiacheng put down the phone and walked back and forth in his office.
Less than a minute later, Li Jiacheng dialed Guo Desheng's office number again, but the result was still a busy signal!
After repeating this process several times, Li Jiacheng finally failed to find Guo Desheng.
Li Jiacheng's secretary looked at Li Jiacheng's behavior and sighed silently in his heart. He had been with Li Jiacheng for so many years, and this was the first time he saw Li Jiacheng so excited!
"No more waiting, prepare a car immediately and go to Jiahu Textile!"
Li Jiacheng suddenly decided that he could not wait any longer. At this time, there must be countless Xiangjiang real estate companies wanting to find Chu Huan or Guo Desheng.
No matter where the project is, it is impossible for everyone to participate. You have to race against time!
Since we can't find the middleman Guo Desheng, we can only go to Chu Huan in person!
The secretary didn't dare to delay and hurried to prepare the car.
The person on the phone with Guo Desheng was actually Zheng Yutong from New World!
The two have been friends for many years. Even the founding of New World had Sun Hung Kai's personal participation in it, which shows their friendship.
Anyone with a discerning eye can see the huge benefits brought by this plan, and Zheng Yutong is naturally not immune to this.
So after reading the content in the newspaper, Zheng Yutong dialed Guo Desheng's number as soon as possible, just a few seconds faster than Li Jiacheng.
"Brother, you really scare people to death when you make a move. You actually teamed up with Chu Huan to make such a big news!"
Guo Desheng was very happy at this time and laughed loudly: "Actually, I didn't think of this plan. It was Bingxiang who helped Chu Huan come up with it. We at Sun Hung Kai just took this ride by the way!"
Zheng Yutong sighed: "This is not a free ride, it's a free flight!"
Guo Desheng said: "Brother Zheng, I know why you are calling at this time, but for this project, our Sun Hung Kai is just reaping the dividends brought by the good relationship with Ah Huan. If you want
It’s up to Ah Huan to decide whether to join this project!”
Zheng Yutong said: "Since I already know, I won't go around in circles. As long as I can help me make an appointment with Chu Huan alone tonight, I will handle the rest of the matter myself!"
Naturally, Guo Desheng did not refuse this request and said: "There is no problem. I will call Ah Huan in a moment, but you should understand that if you New World also wants to join this plan, you will definitely have to pay.
For some price!”
Zheng Yutong immediately said: "As long as you can participate, Chu Huan can ask for any conditions!"
Guo Desheng was not surprised by Zheng Yutong's decision. If it were him, he would definitely have the same attitude.
Due to the friendship between the two, Guo Desheng reminded Zheng Yutong: "I have talked with Ah Huan before. He is still very optimistic about the development of the new world. This time I think if you want him to agree, his
One of the requirements will definitely be to become a shareholder of New World!”
Zheng Yutong laughed and said: "If that's the case, that would be better. From now on, we are all a family. I have no objection!"
After receiving this answer from Zheng Yutong, the two of them discussed the Chinatown matter for a while before Guo Desheng hung up the phone.
Looking at Guo Bingxiang sitting opposite him, he said: "Call Ah Huan, just tell us that Zheng Yutong has already called us!"
Before the Chinatown plan was made public, Chu Huan and Guo Desheng had discussed it. This matter could trigger a swarm of major real estate companies in Hong Kong, and the two had also discussed some possibilities with these real estate companies.
That is what Chu Huan said, if Zheng Yutong of the New World contacts Guo Desheng, he can ask Guo Desheng to call him!
Guo Bingxiang naturally knew about the discussion between Chu Huan and Guo Desheng. When he heard what Guo Desheng said, he immediately said that he would call Chu Huan now!
At this time, Chu Huan was not at the Jiahu Building, but at the villa in Repulse Bay. Therefore, if Li Jiacheng went to the Jiahu Building to block Chu Huan, he would definitely be in vain.
After answering Guo Bingxiang's call, Chu Huan said that he could meet Zheng Yutong tonight!